Michael Jordan Net Worth – How Wealthy Is He?

by Patrick

in Uncategorized

michael jordan net wealth pictureMichael Jordan is one of the best, if not the best, basketball players of all time. His talent and intellect for the game has set him heads and shoulders above the rest of the NBA. Not only is Michael Jordan swimming in talent, he’s also swimming in cash. Michael Jordan’s net worth has increased tremendously over his career and has allowed him to start his own motorcycle racing team as well as become a part owner of the Charlotte Bobcats. You can check out his motorcycle racing site here: http://www.23race.com/

Michael Jordan Net Worth: $500 million

Even after Michael’s retirement he has continued to earn large sums of money through endorsements and business deals. It has been reported that he earns anywhere from $40 to $50 million dollars per year through endorsements. Needless to say, Michael’s success in his younger years has definitely paid off.

As with any NBA player, the amount of money Jordan earned from salary is quite stagering. As he proved his worth to the Chicago Bulls his salary increased on a regular basis. You can see a few spikes in his salary as he gained seniority and won championships. Another thing to mention is that the NBA salary cap jumped by nearly $10 million from ’95 to ’97. This partially explains Michael’s huge salary increase during the ’96-’97 season but not entirely.

Michael Jordan Salary History

1985-86 Chicago Bulls NBA $630,000
1987-88 Chicago Bulls NBA $845,000
1988-89 Chicago Bulls NBA $2,000,000
1990-91 Chicago Bulls NBA $2,500,000
1991-92 Chicago Bulls NBA $3,250,000
1992-93 Chicago Bulls NBA $4,000,000
1993-94 Chicago Bulls NBA $4,000,000
1994-95 Chicago Bulls NBA $3,850,000
1995-96 Chicago Bulls NBA $3,850,000
1996-97 Chicago Bulls NBA $30,140,000
1997-98 Chicago Bulls NBA $33,140,000
2001-02 Washington Wizards NBA $1,000,000
2002-03 Washington Wizards NBA $1,030,000
Career $90,235,000

 

Even with the amount of money that Jordan accrued over his career (from salary) you might be surprised to learn that there are over 50 NBA players who have earned more than he did. Below, you’ll find a list of players who have earned more than Michael Jordan throughout their careers.

Highest Paid NBA Players All-Time

Rank        Player Career Salary
54 Joe Johnson 91,313,901
53 Andrei Kirilenko 91,447,414
52 Yao Ming 93,390,336
51 Erick Dampier 97,113,349
50 Peja Stojakovic 97,956,720
49 Lamar Odom 98,867,658
48 Pau Gasol 99,574,396
47 Damon Stoudamire 99,672,198
46 Gilbert Arenas 100,637,492
45 Michael Redd 100,682,819
44 Eddie Jones 101,254,222
43 Reggie Miller 101,311,748
42 Jalen Rose 102,438,250
41 Steve Francis 103,501,131
40 Karl Malone 104,133,378
39 Gary Payton 104,367,619
38 Mike Bibby 105,741,440
37 Hakeem Olajuwon 107,011,426
36 Steve Nash 107,346,058
35 Shawn Marion 107,502,663
34 Marcus Camby 107,797,072
33 Antoine Walker 108,142,015
32 Kenyon Martin 108,284,447
31 Scottie Pippen 109,192,430
30 Brian Grant 109,842,052
29 Antonio McDyess 113,998,859
28 Allan Houston 117,556,500
27 Baron Davis 117,590,802
26 Rashard Lewis 117,744,496
25 David Robinson 118,135,623
24 Penny Hardaway 120,469,142
23 Patrick Ewing 123,843,120
22 Antawn Jamison 124,717,193
21 Zydrunas Ilgauskas 124,487,723
20 Elton Brand 126,118,550
19 Vince Carter 134,093,315
18 Grant Hill 134,379,650
17 Paul Pierce 137,362,539
16 Michael Finley 138,576,839
15 Dirk Nowitzki 141,342,603
15 Dikembe Mutombo 143,666,581
14 Alonzo Mourning 143,906,333
13 Juwan Howard 150,113,452
12 Stephon Marbury 151,115,945
10 Allen Iverson 154,494,445
9 Rasheed Wallace 156,758,400
8 Jermaine O’Neal 159,215,640
7 Tracy McGrady 161,626,097
6 Jason Kidd 174,464,468
5 Chris Webber 178,230,697
4 Tim Duncan 183,544,536
3 Kobe Bryant 196,190,615
2 Kevin Garnett 270,115,354
1 Shaquille O’Neal 292,198,327

 

 

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